The China International and Economic Trade Arbitration Commission is a major arbitration institution in China. CIETAC headquarters are in Beijing, and also has sub-commissions in Shenzhen, Shanghai and Tianjin. Website.
Read MoreCIF Cost, Insurance and Freight
In this Incoterms, the seller has the same obligations as under CFR but with the addition hat he has to procure marine insurance against the buyer´s risk or loss or damage to the goods during the carriage. The seller contracts…
Read MoreCIM Transport document
An internationally standardized freight document issued in rail transport. CIM stands for “Convention Internationale concernant le transport des Marchandises par chemin de fer”. The agreement has been in force since 1965, and constitutes the legal basis for the conclusion of…
Read MoreCIP Carriage and Insurance Paid to
In Incoterms CIP, the seller has the same obligations as under CPT (Carriage Paid to) terms, but with the addition that the seller has to procure cargo insurance against the buyer´s risk of loss, or damage the goods during the…
Read MoreCircumvention
Getting around commitments in the World Trade Organization (WTO) such as commitments to limit agricultural export subsidies. Includes: avoiding quotas and other restrictions by altering the country of origin of a product; measures taken by exporters to evade anti-dumping or…
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